block inc. - SQ

SQ

Close Chg Chg %
92.44 -2.74 -2.96%

Closed Market

89.70

-2.74 (2.96%)

Volume: 7.90M

Last Updated:

Nov 20, 2024, 3:59 PM EDT

Company Overview: block inc. - SQ

SQ Key Data

Open

$92.00

Day Range

89.47 - 93.00

52 Week Range

55.00 - 93.00

Market Cap

$56.87B

Shares Outstanding

615.31M

Public Float

544.93M

Beta

2.48

Rev. Per Employee

N/A

P/E Ratio

51.92

EPS

$1.83

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

9.17M

 

SQ Performance

1 Week
 
9.63%
 
1 Month
 
23.79%
 
3 Months
 
41.40%
 
1 Year
 
54.94%
 
5 Years
 
36.41%
 

SQ Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 45
Full Ratings ➔

About block inc. - SQ

Block, Inc. engages in creating ecosystems for distinct customer audiences. It operates through the Square and Cash App segments. The Square segment provides businesses the ability to accept card payments. The Cash App segment offers an ecosystem of financial products and services to help consumers manage their money. The company was founded by Jack Patrick Dorsey and James Morgan McKelvey in February 2009 and is headquartered in Oakland, CA.

SQ At a Glance

Block, Inc.
1955 Broadway
Oakland, California 94612-2205
Phone 1-415-375-3176 Revenue 21.92B
Industry Information Technology Services Net Income 9.77M
Sector Technology Services 2023 Sales Growth 25.006%
Fiscal Year-end 12 / 2024 Employees 12,985
View SEC Filings

SQ Valuation

P/E Current 51.924
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 4,864.78
Price to Sales Ratio 2.167
Price to Book Ratio 2.548
Price to Cash Flow Ratio 470.427
Enterprise Value to EBITDA 38.163
Enterprise Value to Sales 2.069
Total Debt to Enterprise Value 0.098

SQ Efficiency

Revenue/Employee 1,687,764.575
Income Per Employee 752.561
Receivables Turnover 3.551
Total Asset Turnover 0.67

SQ Liquidity

Current Ratio 1.901
Quick Ratio 1.89
Cash Ratio 0.667

SQ Profitability

Gross Margin 32.515
Operating Margin 3.506
Pretax Margin -0.133
Net Margin 0.045
Return on Assets 0.03
Return on Equity 0.054
Return on Total Capital 0.042
Return on Invested Capital 0.044

SQ Capital Structure

Total Debt to Total Equity 23.876
Total Debt to Total Capital 19.274
Total Debt to Total Assets 13.101
Long-Term Debt to Equity 23.588
Long-Term Debt to Total Capital 19.042
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Block Inc. - SQ

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
9.50B 17.66B 17.53B 21.92B
Sales Growth
+101.50% +85.95% -0.73% +25.01%
Cost of Goods Sold (COGS) incl D&A
6.84B 13.35B 11.85B 14.79B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
154.47M 217.89M 470.33M 419.67M
Depreciation
135.23M 177.37M 261.38M 172.80M
Amortization of Intangibles
19.24M 40.52M 208.95M 246.87M
COGS Growth
+136.44% +95.31% -11.23% +24.77%
Gross Income
2.66B 4.31B 5.68B 7.13B
Gross Income Growth
+46.04% +61.91% +31.80% +25.51%
Gross Profit Margin
+28.01% +24.39% +32.38% +32.52%
2020 2021 2022 2023 5-year trend
SG&A Expense
2.49B 3.85B 5.55B 6.36B
Research & Development
831.72M 1.32B 2.01B 2.57B
Other SG&A
1.66B 2.53B 3.53B 3.79B
SGA Growth
+49.35% +54.49% +44.07% +14.63%
Other Operating Expense
- - - -
-
Unusual Expense
191.80M 294.59M 754.52M 1.04B
EBIT after Unusual Expense
(22.90M) 163.75M (622.91M) (275.65M)
Non Operating Income/Expense
295.81M 26.84M 93.82M 246.51M
Non-Operating Interest Income
- - - 47.22M
-
Equity in Earnings of Affiliates
295.30M 35.49M 73.46M (16.52M)
Interest Expense
- 56.94M 33.12M 36.23M
Interest Expense Growth
- +164.65% -41.83% +9.37%
Gross Interest Expense
- 56.94M 33.12M 36.23M
Interest Capitalized
- - - -
-
Pretax Income
215.97M 157.46M (565.32M) (29.14M)
Pretax Income Growth
-42.90% -27.09% -459.02% +94.84%
Pretax Margin
+2.27% +0.89% -3.22% -0.13%
Income Tax
2.86M (1.36M) (12.31M) (8.02M)
Income Tax - Current - Domestic
4.02M 3.39M 31.86M 26.35M
Income Tax - Current - Foreign
6.86M 5.68M 25.43M 51.51M
Income Tax - Deferred - Domestic
(1.20M) (1.99M) (67.59M) (83.60M)
Income Tax - Deferred - Foreign
(6.82M) (8.45M) (2.01M) (2.27M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
295.30M 35.49M 73.46M (16.52M)
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
213.10M 158.83M (553.00M) (21.12M)
Minority Interest Expense
- (7.46M) (12.26M) (30.90M)
Net Income
213.10M 166.28M (540.75M) 9.77M
Net Income Growth
-43.24% -21.97% -425.19% +101.81%
Net Margin Growth
+2.24% +0.94% -3.08% +0.04%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
213.10M 166.28M (540.75M) 9.77M
Preferred Dividends
- - - -
-
Net Income Available to Common
213.10M 166.28M (540.75M) 9.77M
EPS (Basic)
0.4809 0.3627 -0.934 0.016
EPS (Basic) Growth
-45.56% -24.58% -357.51% +101.71%
Basic Shares Outstanding
443.13M 458.43M 578.95M 608.86M
EPS (Diluted)
0.442 0.3314 -0.934 0.0159
EPS (Diluted) Growth
-45.13% -25.02% -381.83% +101.70%
Diluted Shares Outstanding
482.17M 501.78M 578.95M 614.02M
EBITDA
323.37M 676.23M 601.94M 1.19B
EBITDA Growth
+24.95% +109.12% -10.99% +97.36%
EBITDA Margin
+3.40% +3.83% +3.43% +5.42%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 88.429
Number of Ratings 45 Current Quarters Estimate 0.862
FY Report Date 12 / 2024 Current Year's Estimate 3.537
Last Quarter’s Earnings 0.88 Median PE on CY Estimate N/A
Year Ago Earnings 1.80 Next Fiscal Year Estimate 4.427
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 30 25 38 40
Mean Estimate 0.86 0.99 3.54 4.43
High Estimates 1.14 1.26 3.86 5.59
Low Estimate 0.53 0.69 3.19 2.93
Coefficient of Variance 14.38 10.40 3.99 12.09

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 27 29 27
OVERWEIGHT 4 4 4
HOLD 10 9 8
UNDERWEIGHT 0 0 0
SELL 4 4 2
MEAN Overweight Overweight Overweight

Insider Actions for Block Inc. - SQ

Date Name Shares Transaction Value
Oct 4, 2024 Mary G. Meeker Director 415,792 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Roelof Frederik Botha Director 29,968 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Ajmere Dale Chief Accounting Officer 90,460 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $67 per share 6,060,820.00
Oct 4, 2024 Ajmere Dale Chief Accounting Officer 89,791 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $65.41 per share 5,873,229.31
Oct 4, 2024 Amy Brooks Director 21,080 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Neha Narula Director 7,905 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Shawn Corey Carter Director 23,460 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 18, 2024 Chrysty Esperanza Chief Legal Officer 92,048 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $70 per share 6,443,360.00
Jul 18, 2024 Chrysty Esperanza Chief Legal Officer 94,548 Conversion of derivative security 0.00
Jul 18, 2024 Chrysty Esperanza Chief Legal Officer 17,500 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 11, 2024 Amrita Ahuja CFO & COO 271,394 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $66.57 per share 18,066,698.58
Jul 8, 2024 Amrita Ahuja CFO & COO 272,541 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $64.41 per share 17,554,365.81
Jul 8, 2024 Brian Grassadonia Cash App Lead 590,761 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $64.37 per share 38,027,285.57
Jul 8, 2024 Brian Grassadonia Cash App Lead 588,414 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $64.41 per share 37,899,745.74
Jul 8, 2024 Amrita Ahuja CFO & COO 274,410 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $63.98 per share 17,556,751.80
Jul 4, 2024 Randall Garutti Director 31,696 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 4, 2024 James Morgan McKelvey Director 14,653 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 24, 2024 Paul Clive Deighton Director 43,280 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 24, 2024 Amrita Ahuja CFO & COO 279,687 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $70.77 per share 19,793,448.99
May 24, 2024 Brian Grassadonia Cash App Lead 595,846 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $68.29 per share 40,690,323.34

Block Inc. in the News